It hasn’t been long since Volkswagen announced plans to close three plants in Germany. Now, its subsidiary, Audi is gearing to cut costs by reducing headcount by 15 per cent. That means about 4,500 employees on the rolls of the German auto manufacturer may be impacted of which 2,000 will be indirect jobs, such as development roles.
As reported by Manager Magazin, Audi intends to protect jobs in the production department and let go people doing indirect jobs.
Audi posted a 21 per cent reduction in its sales figures in Q3, with the number of units sold in the US dropping to about 46,752 units. There were lesser number of units sold for each model, with only the electric vehicle, e-tron GT EV being an exception. Even that witnessed a mere five per cent increase in the number of units sold. The Q3 SUV posted a 36 per cent hike to 7,422 units.
It has barely been a month since Volkswagen announced plans to shut down three German plants, which had been something unheard of in the past eight decades. It had revealed intentions to let go thousands and also reduce pay by 10 per cent.
The Audi plant in Brussels will also be shut down officially. This is the plant that manufactures Audi Q8 E-tron, an electric SUV that has been experiencing dipping demand. By February of next year, that is, 2025, about 3,000 workers may be rendered jobless in Brussels.
